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Sen. Elizabeth Warren is on the warpath and she ain’t taking no prisoners. Just days after essentially running (now former) Wells Fargo CEO John Stumpf into retirement (albeit with a $135.4 million golden parachute), she’s at it again, and this time the target is SEC Chair Mary Jo White. In a series of Tweets, Warren…
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Have you ever wondered whether the CNBC anchors are drunk? Figuratively, we mean – drunk on the Wall Street and Fed Kool-Aid for years and now drunk on the pervasive bearish narrative that’s become so en vogue it’s no longer even cool (i.e. you want to be a realist not a permabear)… Well today, apparently…
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On Monday we showed you Citi’s August NFP dot plot and outlined the bank’s suggestion that Friday’s number could disappoint handily to the downside if history is any guide. Which, we also noted, would be just fine for the Fed as it would preserve still more “optionality” and effectively give them two months of breathing…
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Notable Bloomberg News

*WIKILEAKS RELEASES REPORTED CLINTON/GOLDMAN SACHS TRANSCRIPTS

*Syria Talks End Without Result; Lavrov Says Resolution Discussed

*FED'S DUDLEY SAYS HE EXPECTS A RATE RISE THIS YEAR

*Fed Chair Janet Yellen said that “an accommodative monetary stance, if maintained too long, could have costs that exceed the benefits” by increasing the risk of financial instability or undermining price stability.